(NJR) Newjersey Resources complete technical analysis [charts+indicators] | Buy/Sell Newjersey Resources | (NJR) share price targets
Complete technical analysis of Newjersey Resources (NJR) by charts plus indicators, forecast predictions and share price targets for Newjersey Resources (NJR)
Newjersey Resources trades in USA in Public Utilities sector.
Showing technical analysis as on 2024-03-26 View latest technical analysis
10 day averaged volume of Newjersey Resources is 572310
Date | Daily Closing Price | Open | High | Low | Volume |
26 Tue Mar 2024 | 41.59 | 42.25 | 42.25 | 41.41 | 0.436 times |
25 Mon Mar 2024 | 42.08 | 42.29 | 42.39 | 41.96 | 0.345 times |
22 Fri Mar 2024 | 42.05 | 42.03 | 42.13 | 41.79 | 0.828 times |
21 Thu Mar 2024 | 41.78 | 42.04 | 42.31 | 41.72 | 0.893 times |
20 Wed Mar 2024 | 42.00 | 41.66 | 42.27 | 41.57 | 0.671 times |
19 Tue Mar 2024 | 41.81 | 41.33 | 41.92 | 41.33 | 0.909 times |
18 Mon Mar 2024 | 41.26 | 41.68 | 41.74 | 41.08 | 1.14 times |
15 Fri Mar 2024 | 41.71 | 41.52 | 42.20 | 41.28 | 2.762 times |
14 Thu Mar 2024 | 41.74 | 41.98 | 42.18 | 41.21 | 0.943 times |
13 Wed Mar 2024 | 42.34 | 42.83 | 43.17 | 42.29 | 0.711 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 41.5 as stoploss in an intra day buy trade for a target of 42.11. However, stock will show a bearish move below 41.5.
Share price targets for Newjersey Resources (NJR)
Target Type | Value |
Downside Target | 39.44 |
Downside Target | 40.42 |
Upside Target | 42.31 |
Upside Target | 42.39 |
Upside Target | 42.63 |
Upside Target | 43.34 |
Upside Target | 43.49 |
Upside Target | 43.55 |
Upside Target | 45.83 |
Upside Target | 45.87 |
Intraday share price targets for Newjersey Resources (NJR)
Target Type | Value |
Downside Intraday Target | 41.2 |
Downside Intraday Target | 40.82 |
Upside Intraday Target | 42.18 |
Upside Intraday Target | 42.78 |
Upside Intraday Target | 41.8 |
Weekly technical analysis of Newjersey Resources (NJR)
Date | Weekly Closing Price | Open | High | Low | Volume |
26 Tue Mar 2024 | 41.59 | 42.29 | 42.39 | 41.41 | 0.176 times |
22 Fri Mar 2024 | 42.05 | 41.68 | 42.31 | 41.08 | 0.773 times |
15 Fri Mar 2024 | 41.71 | 43.02 | 43.55 | 41.21 | 1.474 times |
08 Fri Mar 2024 | 43.02 | 41.69 | 43.34 | 41.39 | 1.09 times |
01 Fri Mar 2024 | 41.77 | 41.14 | 41.99 | 40.51 | 0.792 times |
Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of Newjersey Resources (NJR)
Date | Monthly Closing Price | Open | High | Low | Volume |
26 Tue Mar 2024 | 41.59 | 41.53 | 43.55 | 40.96 | 0.683 times |
29 Thu Feb 2024 | 41.61 | 40.96 | 42.63 | 39.44 | 1.252 times |
31 Wed Jan 2024 | 40.83 | 44.35 | 45.83 | 40.71 | 0.999 times |
29 Fri Dec 2023 | 44.58 | 42.11 | 45.87 | 41.93 | 1.183 times |
Scroll below to view daily charts
Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Newjersey Resources (NJR)
Price action analysis of Newjersey Resources ( (NJR) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Newjersey Resources ( (NJR) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Newjersey Resources ( (NJR) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Newjersey Resources ( (NJR) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Newjersey Resources stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Newjersey Resources in short term and the sell signal is strong.
Newjersey Resources Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Newjersey Resources in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Newjersey Resources is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 41.78 and Newjersey Resources (NJR) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Newjersey Resources (NJR) stock. Volume based technical analysis of Newjersey Resources (NJR) stock is negative.
Newjersey Resources Stock has given negative returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Newjersey Resources ( (NJR) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Newjersey Resources ( (NJR) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Newjersey Resources ( (NJR) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Newjersey Resources ( (NJR) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Newjersey Resources stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Newjersey Resources in short term and the sell signal is strong.
Newjersey Resources Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Newjersey Resources in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Newjersey Resources is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 41.78 and Newjersey Resources (NJR) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Newjersey Resources (NJR) stock. Volume based technical analysis of Newjersey Resources (NJR) stock is negative.
Newjersey Resources Stock has given negative returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.